An Accounting Record of the Balances of All Assets, Liabilities

question 122

Multiple Choice

An accounting record of the balances of all assets, liabilities, and equity accounts is called

• A) compound entry.
• B) general journal.
• C) general ledger.
• D) chart of accounts.

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Definitions:

Core Dimension

Fundamental aspects or elements that constitute the basis of a concept, theory, or organization.

Job Enrichment

A job design technique that is aimed at motivating employees by modifying work to improve its quality and the employees' autonomy.

Skill Variety

The degree to which a job requires a range of different activities and skills to carry out the work involved, contributing to worker satisfaction.

Task Identity

The degree to which a job requires completion of a whole and identifiable piece of work, which impacts an employee's sense of accomplishment and motivation.